If the companies are leaving, why the steady job growth?
And you don't believe in Free Trade?
"The Big Lie: 5.6% Unemployment
The official unemployment rate, as reported by the U.S. Department of Labor, is extremely misleading.
Right now, we're hearing much celebrating from the media, the White House and Wall Street about how unemployment is "down" to 5.6%. The cheerleading for this number is deafening. The media loves a comeback story, the White House wants to score political points and Wall Street would like you to stay in the market.
While you are as unemployed as one can possibly be, and tragically may never find work again, you are
not counted in the figure we see relentlessly in the news -- currently 5.6%. Right now, as many as 30 million Americans are either out of work or severely underemployed. Trust me, the vast majority of them aren't throwing parties to toast "falling" unemployment.
Right now, the U.S. is delivering at a staggeringly
low rate of 44%, which is the number of full-time jobs as a percent of the adult population,..."
The Big Lie: 5.6% Unemployment
a. ".... the number of Americans not in the labor force rose once again, this time to 93,194K from 93,175K, with the result being a participation rate of 69.45 or just above the lowest percentage since 1977, will merely catalyze even more upside to the so called "market" which continues to reflect nothing but central bank liquidity, and thus - the accelerating deterioration of the broader economy."
Americans Not In The Labor Force Rise To Record 93,194,000 | Zero Hedge